Question $23$

$2$ pts

Suppose T$.$ J$.$ Max's $30-$year bond currently yields $5\mathrm{.}3\%.$ If the current inflation premium is $1\mathrm{.}8\%,$ the maturity$-$risk premium is $1\mathrm{.}2\%,$ and the liquidity$-$risk premium is $0\mathrm{.}4\%$ then, what is the real risk$-$free interest rate? $($State your answer in one decimal point$)$